Davin Sons Retail Limited IPO Details – Price, Date, GMP & Analysis
Davin Sons Retail Limited IPO Overview
Key IPO Details
Investment Summary
The Davin Sons Retail Limited IPO IPO is a sme offering scheduled to open on January 2. The issue is priced at ₹55 per share, with a minimum application of 2000 shares.
Status: Listed and trading
How to Apply for Davin Sons Retail Limited IPO
To apply for the Davin Sons Retail Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Davin Sons Retail Limited IPO
- Enter bid quantity (minimum 2000 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before January 6
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹110,000(approx. based on lower price band)
Company Overview
Davin Sons Retail Limited, incorporated in March 2022, manufactures and designs high-quality readymade garments, including jeans, denim jackets, and shirts. The company operates in multiple states, serving a diverse customer base. As of December 2024, it employs 20 individuals across various sectors.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Thu, Jan 2, 2025
CompletedClose Date
Mon, Jan 6, 2025
CompletedAllotment
Tue, Jan 7, 2025
CompletedRefund Process
Wed, Jan 8, 2025
CompletedCredit to Demat
Wed, Jan 8, 2025
CompletedListing Date
Thu, Jan 9, 2025
CompletedSubscription Status
Subscription data will be available when the IPO opens for bidding.
IPO Details
Davin Sons IPO Details
| IPO Date | January 2, 2025 to January 6, 2025 |
| Listing Date | January 9, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹55 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | 15,96,000 shares (aggregating up to ₹8.78 Cr) |
| Fresh Issue | 15,96,000 shares (aggregating up to ₹8.78 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 36,66,792 shares |
| Share Holding Post Issue | 52,62,792 shares |
Davin Sons IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 80,000 (5.01%) |
| Other Shares Offered | 7,58,000 (47.49%) |
| Retail Shares Offered | 7,58,000 (47.49%) |
| Total Shares Offered | 15,96,001 (100%) |
Davin Sons IPO Timeline (Tentative Schedule)
| IPO Open Date | Thu, Jan 2, 2025 |
| IPO Close Date | Mon, Jan 6, 2025 |
| Tentative Allotment | Tue, Jan 7, 2025 |
| Initiation of Refunds | Wed, Jan 8, 2025 |
| Credit of Shares to Demat | Wed, Jan 8, 2025 |
| Tentative Listing Date | Thu, Jan 9, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 6, 2025 |
Davin Sons IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,10,000 |
| Retail (Max) | 1 | 2000 | ₹1,10,000 |
| HNI (Min) | 2 | 4,000 | ₹2,20,000 |
Davin Sons IPO Promoter Holding
| Share Holding Pre Issue | 90.68% |
| Share Holding Post Issue | 63.18% |
Davin Sons IPO Listing Details
| January 9, 2025 |
| 544331 |
| INE0Q2L01013 |
| ₹55 per share |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹55.00 |
| Open | ₹44.00 |
| Low | ₹41.90 |
| High | ₹46.20 |
| Last Trade | ₹46.20 |
Financial Information
Company FinancialsDavin Sons Retail Limited Financial Information (Restated Consolidated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,036.2 | 883.12 | 455.97 | 5 |
| Revenue | 634.1 | 1,339.16 | 391.33 | |
| Profit After Tax | 73.59 | 164.05 | 56.62 | |
| Net Worth | 627.78 | 554.65 | 109.37 | |
| Total Borrowing | 194.45 | 24 | 128.15 |
Key Dates
Davin Sons Retail Limited IPO IPO Review & Analysis
Should I Apply for Davin Sons Retail Limited IPO?
The Davin Sons Retail Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • SME listing provides credibility
- • Issue size of ₹8.78 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
Davin Sons Retail Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Davin Sons Retail Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.